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Actually, it was the first exercise we did in my EMBA finance class :D Even with an EMBA, which happens later in a career, the NPV is quite positive.

• onlyrealcuzzo 7y ago
  Did you use a bell curve to figure out if it's worth it -- on average -- or did you use a madelbrot curve? Unless you go to an elite school, and the tuition is cheaper than anywhere I'm aware of, you're either 1) banking on being on the good side of the curve, 2) imagining there's a gaussian distribution to salaries (which there isn't), 3) enrolled somewhere very elite or incredibly cheap, or 4) vastly underestimating how much you could be earning presently -- which if you got enrolled in an elite school, you probably could've gotten an elite job...
  • laurentl 7y ago
    Nothing that fancy, we just looked at the average case using a conservative estimate of salary increase after an MBA (something like + 30% 3 years after, so way below what the FT figures show for instance), and a conservative starting salary. Note that this was an executive MBA, so the base assumptions are a little different; in particular, attendees have a pretty good idea of what they're worth on the market and the effect of the EMBA is pretty well quantified: most EMBA participants change jobs/companies after the program, usually with a nice salary bump (although of course signing up for an EMBA in the first place is a good indication that you're willing to invest in your career, so at least part of that progress would have happened in some way or another even without the EMBA). In my personal case, the salary increase is close to 100% 5 years after enrollment - so the investment was well worth it. To answer the rest of your questions, the program was in the FT top 10 (now at #12 or so) and tuition was around 50k€. Yay for European business schools :D